05:41 PM EDT, 07/30/2026 (MT Newswires) -- AXT (AXTI) reported a Q2 adjusted net income late Thursday of $0.19 per diluted share, swinging from a loss of $0.15 a year ago.

Analysts polled by FactSet expected $0.07.

Revenue for the quarter ended June 30 rose to $47.6 million from $18.0 million a year earlier.

Analysts expected $34.1 million.

Shares were up about 20% in after-hours trading.